44AD AUDIT
Pankaj Arora (Learner) (3134 Points)
14 November 2019PLEASE ANSWER MY QUERY
A PROPRIETOR FILING HIS ROI UNDER 44AD, HIS TURNOVER FOR PY 2018-19 CROSSED 2 CR BUT HE WANT TO REMAIN IN 44AD SCHEME,
SO, MAY WE SHOW EXCESS TURNOVER AS ADVANCE FROM CLIENT AND TAKE BENEFITS OF 44AD?